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RETAIL REPORT: Abra App Offers Zero Trading Fees for Global Traders

Traders Magazine Online News, February 6, 2019

John D'Antona Jr.

Abra -- the world’s first global investment app that allows users to quickly and safely buy, store, and invest in 30 cryptocurrencies and 50 fiat currencies -- will be announcing early access to its official waitlist on Wed Feb 6 for a new feature that’s an industry first

For the first time, investors in over 155 countries will be able to make fractional investments in U.S. stocks, commodities, indexes and ETFs with zero trading fees -- all within a single smartphone app.  There will be 50 new investment opportunities, including the ability to make fractionalized investments in Facebook, Apple, Amazon, Netflix, Google, the S&P 500 and many more. 

This news is the next step in Abra’s vision to use programmable money features enabled by the Bitcoin blockchain to create and democratize new financial products and services for anyone across the globe. Benefits include:

  • Accessibility: For the first time, investors in over 155 countries can invest in global stocks, commodities, ETFs, indices, cryptocurrencies and fiat currencies in a single app.
  • Affordability: Abra’s fractionalized investment model makes buying and selling digital stocks affordable for everyone, with only a $5 minimum and zero trading fees.
  • Simplicity: Easily buy, sell and trade 24/7 from Abra’s smartphone app.
  • Privacy: Unlike traditional banks, centralized crypto exchanges or mobile wallets, Abra’s decentralized, non-custodial model is backed by the Bitcoin blockchain, which provides better security and privacy, and gives users more control of their money.

Bill Barhydt - CEO, Abra

William (Bill) Barhydt (born in NYC) is a serial entrepreneur and the Founder and CEO of Abra, a cryptocurrency investing app. Abra operates an easy to use app - with 30 cryptos and 50 fiat currencies available. Users can buy, sell, store, and invest in cryptocurrencies in one single place. Abra’s vision is an open, global financial system that is easily accessible to everyone.

Bill started his career working for the U.S. Government, first at the CIA in the Office of Scientific and Weapons Research and later at NASA. He spent several years bringing next-generation computer graphics and visualization techniques into use at NASA and the CIA. Bill was CEO of KnowNow, VP Market Development for Plaxo and has been a Director or adviser to numerous start-ups. After working for the CIA, NASA and Goldman Sachs, Barhydt decided to join Netscape working on telecom and Internet banking deals. After the AOL acquisition of Netscape Barhydt founded WebSentric. He was a BD Executive at Netscape Communications Corporation. He served as a VP of Sales & Marketing at Navio Systems, Inc.

As a recognized expert in Internet and Mobile technologies, Bill is known as having given the first-ever TED talk on Bitcoin in 2012, and has presented at The World Economic Forum, The US State Department, The Mobile World Congress, and many Internet and mobile technology conferences. Bill has been a pioneer in Internet and media technologies for over 15 years.

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